The housing market in Port Washington, NY is quite strong. The median value of homes is $1,015,400, which is significantly higher than the US median at $338,100. In the past year, houses have appreciated in value by 7.99%. This is slightly lower than the US appreciation rate of 8.27%, but still a substantial increase for homeowners in Port Washington. Overall, the real estate market in Port Washington is in good health and provides a valuable investment opportunity for potential buyers.
The median home cost in Port Washington is $1,015,400. Home appreciation the last 10 years has been 70.5%. Home Appreciation in Port Washington is up 11.6%.
Average Age of Homes
- The median age of Port Washington real estate is 67 years old
The Rental Market in Port Washington
- Renters make up 25.7% of the Port Washington population
- 1.2% of houses and apartments in Port Washington, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.